UK time is: 20:22:18
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Swansea Make 447,793 Profit!

Swansea City have made a 447,793 profit for the financial year ending May 31, 2006, compared to a 193,000 loss the previous year and a 137,000 profit the year before that.

The huge rise in fortunes came because a huge increase in turnover, from 2.7million to 6.3million.

This increased turnover was down to promotion to League One, the move to the Liberty Stadium plus our other successes such as reaching the play-off final, winning the Football League Trophy and the FAW Premier Cup.

With our move to the new stadium, average attendances nearly doubled from 8,453 to 14,103.

A club statement said: 'The extra funds generated enabled the club to make another substantial investment in its playing squad which was all prudently written off against profit,'

'The board of directors again received no remuneration for the fourth year running as it continues its policy of adopting prudent measures to improve its financial base.

'The board wishes to recognise the excellent ongoing contribution made by the club's staff, supporters, sponsors, local council and media alike and is confident that it is in good shape to successfully meet future challenges.'




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!


Click here to join in the debate on the club forum.

The Journalist

Writer: VitalSwansea Mail feedback, articles or suggestions

Date:Friday March 23 2007

Time: 12:00PM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Swansea City Articles

Archived Swansea City Articles

List All Vital Swansea City Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Premier League Network Sites

Vital Members League (view all)

1. eye_nose_hat 4
2. Phil W 2
3. KevinE 2
4. Wozza 1
5. shearers boots 1

League Results (view all)

Latest Results
Burnley 0 - 1 Swansea
Swansea 2 - 1 Man Utd
WBA 2 - 0 Swansea
Swansea 1 - 1 Sunderland
Southampton 0 - 1 Swansea
Swansea 0 - 5 Chelsea

League Table (view table)

Team P W D L GD Pts
5. Southampton 28 15 4 9 19 49
6. Liverpool 27 14 6 7 10 48
7. Spurs 26 13 5 8 5 44
8. Swansea 27 11 7 9 -3 40
9. West Ham 27 10 9 8 6 39
10. Stoke 27 11 6 10 -3 39
11. Newcastle 27 9 8 10 -10 35

Breaking League News

Bradley DoF Link Denied
Aston Villa : 04/03/2015 20:19:00
Petrov On Sherwood amp; VP Return?
Aston Villa : 04/03/2015 19:12:01
Newcastle Utd v Manchester United - Team Line-Ups
Newcastle : 04/03/2015 19:10:01
Team Line-Ups - Manchester City v Leicester City
Leicester City : 04/03/2015 19:07:01
Liverpool: LFC vs. Burnley Team News
Liverpool : 04/03/2015 19:07:00

Current Site Poll (view all polls)

Vote for your Man of the Match vs Burnley
Suggested By:  
Fabianski 65%
Naughton 0%
Williams 7%
Fernandez 14%
Taylor 0%
Ki 0%
Cork 7%
Carroll 0%
Shelvey 7%
Routledge 0%
Gomis 0%
Montero 0%